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HuaweiDHAKA — Bangladeshi migrant workers sent home a record $12.85 billion in the fiscal year ended in June as overseas jobs soared on the back of new opportunities in the Middle East, officials said Wednesday.
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Gold held near two-week highs on Wednesday and was set for its second successive weekly gain, thanks to a modest decline in the dollar that may sharpen investor appetite for the metal, although a US.public holiday will likely temper any gains.
HONG KONG — Asian markets mostly rose on Wednesday following a lead from Wall Street and Europe and amid rising hopes that central banks are poised to act to boost economic growth.
PARIS - France’s new Socialist government announced a raft of tax rises worth 7.2 billions euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year from feeble economic growth.
JAKARTA — Greenpeace activists on Wednesday protested plans by Indonesia to build Southeast Asia’s biggest coal power plant, saying it would sully coastal waters and strip the livelihoods of fishermen and farmers.
HONG KONG — Asian markets mostly rose on Wednesday following a lead from Wall Street and Europe and amid rising hopes that central banks are poised to act to boost economic growth.
LONDON - European shares edged down from two-month highs on Wednesday after three days of gains made on hopes of more monetary stimulus from central banks and the progress made in dealing with the euro zone debt crisis.
The US manufacturing sector unexpectedly contracted in June for the first time in nearly three years as new orders tumbled, according to an industry report released on Monday.
In a clear sign of the momentum behind the UAE’s bid to host the 2020 World Expo in Dubai, a team of leading international architectural and design firms are preparing the masterplan for the proposed Expo 2020 site, Dubai Trade Centre-Jebel Ali.
The Dubai Airport Freezone, or Dafza, recently organised a networking event for Japanese investors and companies, as part of its continued efforts towards building stronger trade ties between the UAE and Japan.
